question on bitstamp trading

[r1973]

I am NEW in the bitcoin trading arena, just signed up yesterday for bitstamp - with about 45$ budget.
Any trading tips?
Was that a good move, or will I loose the money on the long-run?
I'm paying 0.25% comission.
thanks.

[Rmcdermott927]

I am NEW in the bitcoin trading arena, just signed up yesterday for bitstamp - with about 45$ budget.
Any trading tips?
Was that a good move, or will I loose the money on the long-run?
I'm paying 0.25% comission.
thanks.

It depends a lot on luck and skill level.   You could have potentially lost money.

[Amph]

if this current cycle(the current "swing range") will repeat itself some more times(and it looks like it is the case), you can try to sell at 240 and buy at 230

[r1973]

if this current cycle(the current "swing range") will repeat itself some more times(and it looks like it is the case), you can try to sell at 240 and buy at 230

Thanks.

[ObscureBean]

If you don't need the money back badly, I'd say take your time and get yourself in tune with the market. You should avoid selling at a loss unless you really need the money, say if you've bought at $240 and the price goes down to $220 and stays there for weeks, hold your ground, patience is the name of the game. If you've managed to sell at a profit, again take your time, don't let the allure of easy money get to you, you already have more than what you started out with so there is no stress. Follow the market trend and wait for the right time to buy back. Most important, have fun! 

[Xialla]

I am NEW in the bitcoin trading arena, just signed up yesterday for bitstamp - with about 45$ budget.
Any trading tips?
Was that a good move, or will I loose the money on the long-run?
I'm paying 0.25% comission.
thanks.

if you simply believe in bitcoin in longterm, doesn't matter, If you bought at 220 or 240 and if fee is 0.25 or 0.3...)

since price is quite stable now, I'm not sure if is possible to generate quick serious bucks from 45$ in short term.

[thebenjamincode]

well my tip for you is buy low and sell high.

thats what i mostly do to earn btc

[expert4knowledge]

well my tip for you is buy low and sell high.

thats what i mostly do to earn btc

The price has lots of fluctuations so there is no way we ensure what price is high and what price is low, for example many may say current price is low but if it continues decreasing then it is not low anymore

[michinzx]

price has been relatively stable for a while now, so trading probably wont net you much gain if any, but anything can happen with the bitcoin price in terms of fluctuation, so itll be hard to tell either way. but, there is a possibility of making some profits in the case the price rises by a significant amount.

[gkv9]

If you are unsure about what might happen, I would advice you to check out https://www.coincompetition.com/

It's a website where you can compete with different traders, even analyze and evaluate your trading skills and also stand a chance to win BTC5...

Just see it as it's just a matter of free trading and nothing going out of pockets...

[Vezalke]

Price is very stable at the moment, I don't believe it can go bellow 200$, i think it's more time to grow after long time